EIN 86-3299008

Homewood Insurance Company

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2024-06-01
Description
Homewood Insurance Company's mission is to deliver care that changes people's lives. It was formed in June 2021 as a captive insurance company owned by Centerstone of America, Inc. The company will use the captive primarily as a formalized funding mechanism to facilitate a gradual increase in self-insurance.
Related structure
Homewood Insurance Company is a subordinate organization under Centerstone of Tennessee.
Total revenues
$2,758,811
2024
Total expenses
$386,459
2024
Total assets
$10,017,474
2024
Num. employees
0
2024

Program areas at Homewood Insurance Company

Homewood Insurance Company, Inc. was formed in june 2021 as a captive Insurance Company solely owned by centerstone of america, Inc. centerstone will utilize the captive primarily as a formalized funding mechanism to facilitate a gradual increase in self-insured retention thereby reducing the Company's reliance on commercial coverage to the higher, non-working loss exposure layers. The captive will be utilized to fund the Company's self-insured exposures for its medical professional, general and automobile liability programs.

Personnel at Homewood Insurance Company

NameTitleCompensation
David GuthPresident and Chief Executive Officer and Director$0
Carol BeanSecretary and Director$0
Jason PalmerAssisstant Secretary$0

Financials for Homewood Insurance Company

RevenuesFYE 06/2024
Total grants, contributions, etc.$0
Program services$2,561,838
Investment income and dividends$196,973
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,758,811

Form 990s for Homewood Insurance Company

Fiscal year endingDate received by IRSFormPDF link
2024-062024-12-05990View PDF
2023-062023-12-07990View PDF
2022-062023-05-15990View PDF
Data update history
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2023
Updated personnel
Identified 5 new personnel
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Mutual assistance organizationsInsurance companiesChapter / child organizationsCharities
Issues
No issues found
Characteristics
Tax deductible donationsNo full-time employeesAccepts online donations
General information
Address
26 Century Blvd Suite 101
Nashville, TN 37214
Metro area
Nashville-Davidson--Murfreesboro--Franklin, TN
County
Davidson County, TN
Website URL
centerstone.org/ 
Phone
(205) 297-2230
IRS details
EIN
86-3299008
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Subordinate organization
Free account sign-up

Want updates when Homewood Insurance Company has new information, or want to find more organizations like Homewood Insurance Company?

Create free Cause IQ account